Thursday, April 27, 2006

Senators to push for $100 gas rebate checks

Let's see:

There's tension in Iraq, Iran, Nigeria and Saudi Arabia. Summer driving season has yet to begin. China is working diligently to secure more oil resources around the world. Hurricane season is closing in. And, it's an election year.

CNN:
WASHINGTON (CNN) -- Every American taxpayer would get a $100 rebate check to offset the pain of higher pump prices for gasoline, under an amendment Senate Republicans hope to bring to a vote Thursday.

However, the GOP energy package may face tough sledding because it also includes a controversial proposal to open part of the Arctic National Wildlife Refuge in Alaska to oil exploration, which most Democrats and some moderate Republicans oppose.
The Washington Post:
Anger over gas prices is gaining traction in many midterm races around the nation as Democrats attack Republicans for being too close to oil companies. With many in the GOP growing uneasy, President Bush this week called for price-fixing investigations. Political analysts say the rising prices could dovetail with growing public concern over the war in Iraq to give Democrats an opening in several key races.

2 Comments:

Blogger zen said...

Have you ever heard that it was actually a decision by the oil industry to not build any refineries in the past nearly 30 years? May be just a leftist talking point, but I wonder if there's any validity to it.
I seem to recall it gave the oil comps tighter control over suplly, increasing their profits.
If so, it would stand to reason, and render the "it's the fault of liberals and enviornmentalist and...." like so many other arguements—false, yet effective in the sense of distorting perception.

11:19 AM  
Anonymous Anonymous said...

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1:14 PM  

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